{"code":"RTC","codeName":"Revenue and Taxation Code","section":"7934","citation":"Rev. & Tax. Code, § 7934","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 2. MOTOR VEHICLE FUEL TAX LAW [7301. - 8526.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-2"},{"name":"CHAPTER 6. Collection of Tax [7851. - 7983.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-2/chapter-6"},{"name":"ARTICLE 5. Sale of State-Acquired Property [7931. - 7935.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-2/chapter-6/article-5"}],"history":"Amended by Stats. 2000, Ch. 1053, Sec. 23.   Effective January 1, 2001.   Operative January 1, 2002, by Sec. 53 of Ch. 1053.","effective":"2001-01-01","html":"<p>The Controller shall distribute the proceeds of the sale in the following order:</p><p>(a) The payment of all expenses of the sale.</p><p>(b) The payment of all amounts due from the supplier under this part.</p><p>(c) The remainder to the General Fund of the state.</p>","text":"The Controller shall distribute the proceeds of the sale in the following order: (a) The payment of all expenses of the sale. (b) The payment of all amounts due from the supplier under this part. (c) The remainder to the General Fund of the state.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/sale-of-state-acquired-property-7934","source":"California Legislative Information bulk export (pubinfo)"}